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Lockton Posts Record Revenue for 2018

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Privately held broker Lockton in July 2018 announced posted record revenue of $1.57 billion in its recently completed fiscal 2018, a 9.9 percent increase above fiscal 2017. This is the 52nd consecutive year of revenue growth for Lockton.

The company posted organic growth in the U.S. of $84 million, or 7.7%, with the employee benefits business leading the way with 14.1% year-over-year revenue growth. Lockton’s international operations grew 10.9 percent, surpassing the £300 million mark for the first time.

Lockton has also earned several significant honors in the past year, including:

  • JD. Power Award for highest performing large commercial broker.
  • Best Places to Work in Insurance for the ninth year from Business Insurance magazine and Best Companies Group.
  • America’s Best Mid-Sized Employers award from Forbes for the third year.
  • Cyber brokerage firm of the year from Insurance Insider magazine in the UK.
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